3. Just stamp paper is needed and also Seal in the name of Karta is required. It should not be notarised.
4. A HUF need consist of 2 male members. 1 male member is enough. e.g. Husband and wife may form HUF. Yes you can get tax benefits.
Thanks for the answers. I suppose you mean "HUF need NOT consiste of 2 male members"
Also I would like to update about my point no. 4. I called NSDL and they said "Affidavit for HUF" need to be notarised.
Anyone know answer to my point no. 5?
See the attached file for your clarification.
My client got his PAN without notarising.
Stamp duty not required.
Hope the attached file help you.
Attached File : 1293868 20150415210209 affidavit huf.pdf downloaded: 5906 timesThank you very much for sharing the format.
So I can simply file affidavit on A4 size paper without 100Rs stamp and without notarizing.
It would be great if one more person confirm this? So I can proceed.
I hope you must have created HU, obtained PAN Card and opened bank account.
Pl guide how you did it.
For PAN just fill up PAN application form. Tick HUF in that.
Create affidavit as per format given above.
Send PAN form with affidavit and proof documents to PAN service center
You should get PAN in 10-15 days.
I have not opened bank account yet.
But now a days all banks have sales people who can come to your home and help you.
So opening bank account after u get PAN should not be tough. Bank may ask you for declaration from all members of HUF.
1. The affidavit should be on Rs 100 stamp paper or else ?
2. is stamp of karta is required on affidavit ?
3. What should be the format of Karta's stamp ?
Yes I did it on 100Rs stamp paper.
No I did not put stamp of Karta
But bank will need rectangular stamp.
Format of stamp that I have seen is
Ram Dasrath Raghuvanshi (HUF)
Is the Original Affidavit supposed to be sent or just a self attested photocopy ?
I am planning to get the Affidavit on 100 rupee stamp paper and also get it notarized (just in case).
I have not made any huf deed / gift deed - just getting the affidavit (which states member name , address , etc) printed on a stamp paper and getting it notarized.
Please guide.
Aditya Parakh
ADITYA , I AM DOING THE SAME. DID YOU GET HUF PAN?
Hi, I am from Bengaluru and even I am creating HUF having 2 members.
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